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Author Question: The Stock MarketIf a company's stock price is $100 per share, the company pays a dividend of $9 to ... (Read 43 times)

xman15.

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The Stock Market

If a company's stock price is $100 per share, the company pays a dividend of $9 to be received one year from now, the interest rate is 2%, and the stock's dividends are expected to grow at a constant annual rate for the indefinite future, then the dividend growth rate should be approximately ________ percent. (Round to the nearest tenth when appropriate.)
◦ 11.0
◦ 2.1
◦ 5.5
◦ -7.0


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Marked as best answer by xman15. on Nov 23, 2022

butterfly17

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xman15.

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


deja

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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